What is the stock market trying to tell Obama?
See, the stock market is ALWAYS a leading indicator of things to come. You should all know by now that it bounced from Mar 9th lows on the assumption that the worst was over and Obama putting trillions into economy would stave off another leg down in the recession. NOW, what is this market saying now that it is slowly going back down? Why would Obama throw more money at it? Why would he dare introduce more legislation that is bad for economy and business in general? What is Obama trying to accomplish? And does the market heading back down tell him that his agenda is working?
Public Comments
- That we would be way better off with Sarah Palin in charge. So much for all Obama's fake degrees, allegedly sky high IQ, the team of star economists and personal discovery that greedy CEOs are the root cause of all problems, worthy of Nobel prize in economics no less. What is really really scary that liberals still fail to see that Obama is simply an empty suit.
- Try something else
- Obama doesn't care for those who invest or produce, only those who don't. God bless.
- We all know the answer, you can't spend your way to prosperity
- obama is an idiot
- That bush's failed policies are going to take longer to fix than originally thought.
- That we would be better with Melissa Baker in charge.
- are we talking about celebrity stocks because i just lost a million bux on bruce vallance. WHAT WAS I THINKING!!!
- "the stock market is ALWAYS a leading indicator of things to come" You mean like it was in 1929 when it was at an all time high? The stock market is a lousy economic indicator. Always has been.
- Look the One is printing money as fast as he can. Acorn and the swamp mouse need it. His policies are bad for America, his lies force otherwise decent people to prostitute their values (or common sense) to support him, his minions will soon see the man has no spine, and the world is laughing at us. I fear it will take decades to fix this fools mistakes.
- That depends on how big the drops and rebounds are. Over all it has bounced up and down a bit but has been gradually getting higher Oh My! They are going up again this morning! What happened? Markets:Dow: +0.4%Nasdaq: +0.6%
- That thing are starting to turn around in this country .
- Obama never intended the first stimulus to fix the economy, or he would have made sure that the money would hit the streets in a timely fashion. It was just an excuse to spend trillions to reward supporters, advance his agenda, and to make sure that there would be some visible spending happening come re-election time. And since the American voters are still so gullible when it comes to any of his pronouncements, why not go for round 2?
- "See, the stock market is ALWAYS a leading indicator of things to come"..... wrong again... The markets react to events both domestic and foreign.... This is a GLOBAL economy. Stocks do not "predict" the future.... they rely on predictions of the future....it's called "SPECULATION" Now I love how cons point to the stock market only when it's convenient.... When it's down it's Obama's fault, and when it's up it has nothing to do with Obama... Ever consider that the stock market is it's own animal ? It has little if not NOTHING to do with government spending... except that when the government spends... certain sectors can reap rewards. If you are investing your money in Health Insurance companies, then I would suggest you get that money to a safer place soon..... because they are going bye bye.
- Funny how cons rely on the whims of one of the world's largest Ponzi schemes the way the Reagans relied on a soothsayer. The stock market is affected by the phases of the moon, whether Punxsatawney Phil sees his shadow, and how much of Britney Spears's flesh-toned underwear is visible, not to mention some less rational beliefs.
- First, to correct the first comment: Obama's IQ is supposedly only 112 - within the range of average. (I test IQ's professionally, interpret and score them. From what I've seen of him, 112 sounds about right.) As for the stock market, it's either telling Americans it's time to demand his true birth certificate or he'll be impeached. While waiting, follow the money! Someone has put that bumbler in office. Find them and you'll know why he makes the ghastly decisions he does. I'm guessing it's Middle East wealth behind him. Anyone know?
- That he is a dumb idiot.
- Oh but we're in a "jobless recovery." Obama said that that crisis was ONLY something govt could fix so lets letem fix it! Hes doing a great job so far wouldnt you say?
- If you are a terrorist that hates Americans and you wanted to break America down from the inside out & kill every freedom one by one, your name would be Obama. His plan is working perfectly. Unfortunately, if Obama is impeached, then we get Biden, GOD Forbid. If he's impeached, then we get Pelosi - OMG - you might as well stab the heart of America now! I think I'm gonna move out of the country.
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